$1,753,614

Incredible Investment Opportunity: Building With Two Apartments In The Heart Of Palma’s Historic Old

  • 4 Beds
  • 4 Baths
  • 4,511 Sqft
  • 2,218 Sqft lot
  • Updated: June 23
  • 4

About the Property

Incredible investment opportunity: building with two apartments in the heart of Palma’s historic Old Town
THE PHOTOS ARE RENDERS

This stunning renovation project features a beautifully restored townhouse, meticulously divided into two distinct apartments, offering a unique chance to own a piece of history in one of Mallorca’s most coveted locations. The price only includes the buildin
Incredible investment opportunity: building with two apartments in the heart of Palma’s historic Old Town
THE PHOTOS ARE RENDERS

This stunning renovation project features a beautifully restored townhouse, meticulously divided into two distinct apartments, offering a unique chance to own a piece of history in one of Mallorca’s most coveted locations. The price only includes the building in its current state. The project is already under execution, so it can be sold with the structure already built, and details can be discussed if there is any interest. The sale also includes a license to renovate and build two apartments inside. The cost of construction is the responsibility of the buyer and will vary depending on the desired quality and materials.

Apartment 1 is designed in a loft style and features a spacious bedroom, as well as a cozy terrace with a pool, providing a private oasis for relaxation and entertainment.

Meanwhile, Apartment 2 is presented as a duplex penthouse, exuding elegance and refinement across two levels. With two generously sized bedrooms, including a luxurious master suite, and an additional rooftop terrace, this residence offers unrivaled views of the surrounding historic streets and monuments. It is an ideal sanctuary to unwind and savor the Mediterranean lifestyle.

This project offers more than just two apartments—there is also the possibility of creating an amazing three-storey house, complete with a roof terrace, private swimming pool, and an inner courtyard. This makes the property a highly customizable investment with great potential for both personal use or high returns.

Situated in a prime location in the old town, residents will enjoy easy access to Palma’s vibrant culture, charming boutiques, renowned restaurants, and picturesque squares, ensuring every day is filled with endless exploration and charm.

If you’re looking for a lucrative investment opportunity, this is a unique chance to own a part of Palma’s rich heritage and bring your dream home or project to life. The potential of this property is limitless! Contact us for more details!

THE PHOTOS ARE RENDERS
  • Property type

    Townhouse

  • Price/sqft

    $388

Features

  • Pool
  • Terrace
  • Jacuzzi
  • Duplex
  • Investment Property
  • Outdoor Living Space
  • Kitchen island
  • High Ceiling
  • Stone Countertops
Features

Lot

  • Duplex
  • Investment Property

Indoor

  • High Ceiling
  • Kitchen island
  • Jacuzzi
  • Bar
  • Stone Countertops

Outdoor

  • Terrace
  • Pool
  • Outdoor Living Space

Explore the Area

Palma Old Town, Palma, 07001, Spain View on Google Maps
Price per sqft
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Located in Palma’s historic Old Town, this property offers the perfect blend of cultural richness and modern convenience. With close proximity to Palma de Mallorca Airport just 15 minutes away, traveling is a breeze. Enjoy fine dining and shopping in the vibrant city center, explore nearby beaches, or visit the renowned Palma Cathedral, all within minutes. This central location provides easy access to Mallorca’s natural beauty and vibrant lifestyle.
Get nearby
Attractions
Schools
Palma de Mallorca Airport
Airport
15 min
Palma Port
Port / Marina
10 min
Estació Intermodal
Train Station
7 min
Palma Cathedral
Cultural & Heritage
6 min
Es Baluard Museum
Culture & Heritage
5 min
Santa Catalina Market
Shopping & Lifestyle
8 min
Queen's College
International School
15 min
Palma Montessori School
Private School
12 min

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Synergy Homes

Joined 5 years ago
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Synergy Homes
Spain
View agency profile
71
Listings
2022
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Synergy Homes
Palma de Mallorca, Spain
View agency profile
Last updated
June 23
First listed
Nov 24, 2025
Listing reference
SHM3529
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